Congressional Lecture by Roger Garrison (sponsored by Ron Paul)...
• http://bastiat.mises.org, By Daniel J. SanchezDr. Garrison’s lecture describes how the economic precepts on which the Fed operates are fundamentally flawed, making it only a matter of time before the Fed is the creator of its own demise.
Geez. For an easier understanding of how the Fed is inherently fatally flawed (a Ponzi scheme) that will end with the entire wealth of the Nation owned by the (unknown) owners of the BOG, try RIP OFF BY THE FEDERAL RESERVE, http://www.scribd.com/doc/48194264 or the one-page writing FEDERAL RESERVE HEIST, www.scribd.com/doc/101937790.